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If you mean “the full extent of the fraud has been swept under the table in cosy arrangements with settlements and fines” then, yes, I totally agree. And sure, lots of bankers won’t have been directly involved in trading the junk that precipitated the whole catastrophe, so sure I can believe that many of them were caught unawares. But for sure most of the people peddling trash CDOs were fully aware that they were taking massive risks and engaging in misselling, they just didn’t give a fuck. And to be fair to them, they totally got away with it, so they were right to not give a fuck.
Eejit
When you drill into it o ny a tiny percentage of bankers were acting fraudulently. The cause of 2008 wasn't fraud, it played out perfectly within the rules. The rules, or effective lack of them, were the problem.